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McHenry Times

Friday, April 19, 2024

Report: Average pensioner in Algonquin Police Pension Fund earns $92,663 per year

Salary04

The Algonquin Police Pension Fund had 44 active participants receiving an average salary of $92,663 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Algonquin Police Pension Fund participants earned $4,077,188 in total salaries in 2016.

Statewide, there are 591,687 active pensioners in the state's 666 public retirement systems and pension funds. The average salary is $56,467. In all, active pension fund participants earned $18,095,309,637 in total salaries.

Algonquin Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners4948464644-5
Average salary$84,607$87,959$91,169$90,245$92,663$8,056

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